2 Shillings - George VI with 'IND:IMP' obverse
Obverse
2 Shillings - George VI with 'IND:IMP' reverse
Reverse
Common 💧 Sells often

Common: 10,000,000 or more minted. Sells often: 174 verified sales in the last 12 months.

2 Shillings - George VI with 'IND:IMP' (1937–1946)

"Florin"

CountryUK Year1937–1946 Denom2 Shillings Mintage13,006,781 MintRoyal Mint MetalSilver (.500) Melt £7.26
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
CountryUnited Kingdom
Year1937–1946
Denomination2 Shillings
Face value10p
Mintage by year
  • 193713,006,700
  • 19387,909,300
  • 193920,850,600
  • 194018,700,300
  • 194124,451,000
  • 194239,895,200
  • 194326,711,900
  • 194427,560,000
  • 194525,858,000
  • 194622,910,000
Scarcest year: 7,909,300 struck
MintRoyal Mint · Llantrisant
CirculationCirculating
Demonetised1993
CompositionSilver (.500) (500/1000 fine)
Weight11.310g · 0.1818 t oz
Diameter28.5mm
Thickness2.10mm
ShapeRound
EdgeMilled
OrientationMedal alignment ↑↑
Obv. artistThomas Humphrey Paget
Rev. artistGeorge Kruger Gray
Grade scaleUK (EF/UNC)
Obverse

Uncrowned portrait of King George VI left, legend around.

GEORGIVS VI D:G:BR:OMN:REX

Reverse

Crowned Tudor rose flanked by thistle and shamrock, legend above, denomination and date below.

FID:DEF:IND:IMP TWO SHILLINGS

Silver content
Fine troy oz 0.1818
Melt value £7.26
Premium over melt £8.89

2 Shillings - George VI with 'IND:IMP' market value

£7.74
▼ 4.6% 30d
Median of 23 verified VF sales, the grade that sells most often. 39 sales across 6 grades.
Grade range £8 – £50
Lowest grade Highest grade
Last sale 11 days ago View price history →

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2 Shillings - George VI with 'IND:IMP' price history

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2 Shillings - George VI with 'IND:IMP' value by year

1937 to 1946 · median sold prices
Year Mintage Circulated Uncirculated Sales
1937 13,006,700 £10.26 £49.75 (2) 16
VF£12.50EF£28.00UNC£95.00
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1938 scarcest 7,909,300 £8.66 type £16.15 type
1939 20,850,600 £9.06 £16.15 type 16
VF£12.50EF£28.00UNC£95.00
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1940 18,700,300 £8.66 type £16.15 type
1941 24,451,000 £8.99 £10.00 51
VF£12.50EF£28.00UNC£95.00
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1942 39,895,200 £7.32 £16.15 type 21
VF£12.50EF£28.00UNC£95.00
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1943 26,711,900 £6.95 £16.15 type 15
VF£12.50EF£28.00UNC£95.00
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1944 27,560,000 £8.12 £18.14 (1) 22
VF£12.50EF£28.00UNC£95.00
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1945 25,858,000 £8.53 £14.01 (1) 18
VF£12.50EF£28.00UNC£95.00
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1946 22,910,000 £9.73 £16.15 type 17
VF£12.50EF£28.00UNC£95.00
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One row for each year the 2 Shillings - George VI with 'IND:IMP' was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet; years with no sales yet fill in as sales are recorded. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.

2 Shillings - George VI with 'IND:IMP' value by grade

Realised auction prices · ⭐ Pro Expand rows for individual sale records
Grade Latest Median 30d Δ All-time range Sales (1yr) Total sales Last sale
UNC £16.15 🔒 eBay £16.15 – £7.59 – £17.26 3 3 23-09-2026
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BU £20.00 🔒 £10.00 – £7.00 – £20.00 3 3 29-01-2026
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EF £20.42 🔒 eBay £18.00 – £8.66 – £20.42 5 5 01-10-2026
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VF £9.82 🔒 eBay £7.74 ▼4.6% £2.06 – £52.70 158 160 16-10-2026
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aUNC £14.01 🔒 eBay £14.01 – £7.44 – £18.14 3 3 23-09-2026
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PR-65 £29.99 🔒 eBay £49.75 (2) – £29.99 – £69.50 2 2 19-07-2026
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⭐ Pro: see all 176 dated sale records behind these medians, with source links and lot references.
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Pricing Data
6 grades · last updated 27 Oct 2026

About the 1937 2 Shillings - George VI with 'IND:IMP'

The 1937 2 Shillings - George VI with 'IND:IMP' is a circulating 2 shillings coin issued from 1937 to 1946, struck in 50% silver. It weighs 11.31g and measures 28.5mm across. Reverse design: Crowned Tudor rose flanked by thistle and shamrock, legend above, denomination and date below.

Mintage figures are recorded for 10 years between 1937 and 1946, 227,853,000 coins in all. 1938 is the scarcest date, with 7,909,300 struck. It is no longer legal tender (withdrawn 1993), so its value is to collectors only.

Common questions

How much is the 1937 2 Shillings - George VI with 'IND:IMP' worth?

Verified sold prices for the 1937 2 Shillings - George VI with 'IND:IMP' run from £7.74 to £49.75 across 6 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its silver content is worth about £7.26 at today's spot price, which puts a floor under its value.

Is the 1937 florin silver?

Yes. Every George VI florin dated 1937 to 1946 is .500 silver, half silver and half base metal, the standard used since 1920. The Royal Mint replaced silver with cupro-nickel for coins dated 1947 onwards, so a florin dated 1947 or later contains no silver.

Which George VI silver florin is the hardest to find?

1938. Coin Hunter and Wikipedia both give 7,909,388, the only date of the silver type under ten million and less than half of most other years. Tony Clayton says none of the dates is scarce but notes that the 1938 commands a premium.

Who designed the George VI florin?

Humphrey Paget modelled the uncrowned portrait of the King on the obverse. George Kruger Gray designed the reverse of a crowned rose between a thistle and a shamrock, and his initials K and G sit either side of the stalk just above the word SHILLINGS.

When did the florin stop being legal tender?

In 1993. Florins were revalued as 10p at decimalisation and kept circulating alongside the 10p coin. The Royal Mint Museum records that they were removed when the old large 10p pieces ceased to be legal tender at the end of June 1993.

How is the 1937 2 Shillings - George VI with 'IND:IMP' different from the circulating coin?

This is a collector version of the 1937 1 Farthing - George VI with 'IND:IMP', not the coin found in change. At 11.31g of 50% silver it is heavier than the 2.83g copper circulating coin, so weighing it is the quickest check.

How do I identify the 1937 2 Shillings - George VI with 'IND:IMP'?

Check the weight 11.31g and diameter 28.5mm and the metal (50% silver) against the specification table on this page. The reverse design is described above.

History and design

George VI's florin kept almost the exact look planned for his brother. Wikipedia notes that it closely follows the Edward VIII pattern, and Tony Clayton says the only change was GR in place of ER. Like the Edward VIII patterns it leaves out the words ONE FLORIN, which never returned.

It was struck every year from 1937 to 1946 in .500 silver, the standard used since 1920. On Coin Hunter's figures the ten dates total about 227 million, rising sharply in wartime to a peak of 39,895,243 in 1942. 1938 is the low point at 7,909,388, a figure both Coin Hunter and Wikipedia give. For 1937 the two differ: Coin Hunter has 13,006,781 and Wikipedia 13,033,183.

Silver ended with the 1946 date. The Royal Mint Museum explains that the metal was needed to repay silver borrowed from the United States during the war, and florins dated 1947 onwards were cupro-nickel.

The proclamation of 18 March 1937 sets out the reverse: a rose, thistle and shamrock under a crown, with the letters G and R below, the inscription FID DEF IND IMP, TWO SHILLINGS and the date. George Kruger Gray designed it, and his initials appear above the first L and second I of SHILLINGS, either side of the stalk. The legend stands for Fidei Defensor Indiae Imperator, Defender of the Faith, Emperor of India.

The obverse is Humphrey Paget's uncrowned left-facing portrait with GEORGIVS VI D G BR OMN REX. The Royal Mint Museum records that Paget alone was commissioned to produce the effigy after the abdication, and did so in little more than a month. The edge is milled.

Collecting notes

Clayton calls none of the dates scarce, but notes that the 1938 commands a premium. He also lists a 1937 proof and rare proofs for some dates from 1938 onward. The heavily struck war years, especially 1942, are the easiest to find.

Check the date to confirm silver: the cupro-nickel florin of 1947 and 1948 looks the same. No recognised varieties or mint errors are documented for this type. Florins stayed in use as 10p after decimalisation, and the Royal Mint Museum records that they were withdrawn when the old large 10p ceased to be legal tender at the end of June 1993.

Sources

The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.

  1. 1937 Coin Values, George VI, Coin Hunter (read 10 Oct 2026)
  2. Values of Florins, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  3. Consequences of the Second World War, Royal Mint Museum (read 10 Oct 2026)
  4. Coin values by year, George VI (year pages 1938 to 1946, read one by one), Coin Hunter (read 10 Oct 2026)
  5. Florin (British coin), Wikipedia (read 10 Oct 2026)
  6. Proclamation determining the designs of the George VI coinage (18 March 1937), The London Gazette (read 10 Oct 2026)
  7. Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
  8. UK Coins of George VI, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  9. Initials on British coins, TreasureRealm (read 10 Oct 2026)
  10. Florin, Royal Mint Museum (read 10 Oct 2026)
  11. Ten Pence: Florin, Tony Clayton, Coins of the UK (read 10 Oct 2026)

More 2 Shillings coins from nearby years

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